By Mark L - Cryptocurrency Specialist - 01-09-2021
Investing in Bitcoin (BTC) has been growing in adoption globally in recent years. Around the world, BTC ATMs are popping up in popular destinations like London, more and more businesses are adding Bitcoin to accepted payment methods and it's even used as legal tender in a country. In Bitcoin's latest venture for worldwide adoption, social media platform Twitter is rumoured to add a new payment feature that's BTC inclusive.
Twitter's newest work-in-progress feature that allows fans to tip their favourite content creators is taking the crypto media by storm. While this function is still in development, it's reported that there is an IOS beta version. According to MacRumours, in the most recent beta feature, Twitter has created a code in the "Tip Jar" that will allow Bitcoin investments to be integrated into the payment gateway.
Twitter's tip jar function was announced back in May that fans could support their beloved influencers by sending rewards and payments. As of current, there is no known knowledge of when the Bitcoin feature will be made accessible to the public despite the project is already being tested by beta users. Reportedly, the social media platform CEO has told BTC PEERS that Bitcoin trading could be a significant part of further improving Twitter. If this is confirmed, then BTC will be integrated as a viable payment alternative alongside Cash App, Venmo, and Paypal in the Tip Jar feature.
If Bitcoin becomes a part of one of the popular payment options in the Tip Jar, this will further bring global adoption for cryptocurrency as a whole. Reportedly, the Bitcoin tipping function on Twitter will be done through the Lightning Network's Strike. If the two companies collaborate, this will bring a worldwide spread and trend for crypto tipping.
If you are looking to Buy and Sell Bitcoin, then you can head over to BC Bitcoin where you can safely start investing in cryptocurrency today.
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards